Branson tax revenues for August showed major declines in the taxes reporting August results, while those reporting July numbers showed increased revenue.
The city’s 1% sales tax showed a decline of 7.6% for August revenue, reporting $1,483,485 for 2023 compared to $1,604,686 in 2022. The 2022 number was a 28.6% increase over the previous year, and the city’s record revenue for an August report. Despite the 6-digit decline in revenue for the month, 2023 still ranks as the second highest amount of monthly August revenue for the sales tax’s history.
The dip in revenue had a significant impact on the year-to-date revenue number. The city is at $9,366,904 for the year, 3.2% ahead of 2022’s pace. At the end of July, the city was pacing 5.5% ahead of 2022’s revenues.
The full article is available at bransontrilakesnews.com.
(Story by Jason Wert, bransontrilakesnews.com)
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